Continental Resources says CEO and founder Harold Hamm has canceled a scheduled appearance at this week’s OPEC meeting in Vienna, leaving only...
Pioneer Natural Resources Co. announced on June 13th, 2018 that it agreed to sell all of its Raton Basin assets in southeastern...
Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. The overall US Rig count fell while U.S. energy...
The second quarter of the year has seen abundant activity at the intersection of the energy industry and the law. These are...
FORT WORT – A Tarrant County judge has rejected efforts by Chesapeake Exploration and Total E&P USA to dismiss claims in multidistrict...
The Denver Business Journal is reporting that the management team of Denver’s FourPoint Energy has raised another fund of more than $800 million under LongPoint...
Reading has been one of my favorite pastimes since I was a kid. Reading is a great way to exercise your brain and...
Energy dominance carries its own backlash, it turns out. Ground zero is the Permian basin in west Texas, where oil production has run...
Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. The Permian basin saw the biggest increase in the...
Two private E&P giants are joining forces to form a pure-play Midland Basin company with more than 70,000 acres in the basin’s...
The energy sector is set to extend yesterday’s declines into this morning’s session, pressured by further weakness in the crude complex and in the major equity indices which continued to fall on growing concerns over global economic growth.
WTI and Brent crude oil futures are down over 4% in early trading with the U.S. benchmark falling back below the $100-mark, driven by additional strength in the dollar, demand-sapping COVID-19 curbs in China and fears of a global economic slowdown. The euro lost ground and is trading near parity with the dollar. Multiple Chinese cities are adopting fresh COVID-19 curbs, from business shutdowns to broader lockdowns in an effort to rein in new infections from the highly infectious BA.5.2.1 subvariant of the virus. While U.S. President Biden will make the case for higher oil production from OPEC when he meets Gulf leaders in Saudi Arabia this week, as analysts don’t expect much from the visit. U.S. Treasury Secretary Janet Yellen is in Asia to discuss ways to strengthen sanctions on Moscow, including a price cap on Russian oil to limit the country's profits and help to lower energy prices. The IEA Executive Director Birol said that any price caps on Russian oil should include refined products.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
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